• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Boeing restarts 737 MAX production after strike ends- Reuters

by December 10, 2024
written by December 10, 2024

Investing.com– Boeing (NYSE:BA) has resumed production of its 737 MAX jetliner, its best-selling aircraft, more than a month after the conclusion of a seven-week strike that disrupted operations, Reuters reported on Tuesday.

Production restarted last Friday, marking a critical step for the heavily indebted aerospace giant as it works to meet a backlog of approximately 4,200 orders for the 737 MAX amid rising global air travel demand, the report said.

The restart comes after a series of challenges that have plagued Boeing in recent years, including two fatal crashes, the COVID-19 pandemic, supply chain disruptions, and heightened regulatory scrutiny.

In January, the Federal Aviation Administration (FAA) capped 737 MAX production at 38 planes per month after a door panel missing four key bolts detached mid-flight on an Alaska Airlines jet, highlighting ongoing safety concerns.

The FAA had previously indicated the company was aiming to resume production later this month. Boeing plans to scale up production to 56 planes per month remain uncertain, the report stated.

FAA Administrator Mike Whitaker told Reuters last week that the cap on production levels would likely remain for several months before any changes are considered.

The resumption of production is a vital step for Boeing’s recovery, but challenges remain as it strives to regain operational stability and confidence in its manufacturing processes.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Exclusive-Boeing restarts 737 MAX production a month after strike ended, sources say
next post
Brussels probes Google-Meta secret ads deal targeting teens, FT reports

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

      May 14, 2025
    • Fintech company Chime files for Nasdaq IPO

      May 14, 2025
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli

      May 13, 2025
    • UnitedHealth CEO suddenly steps down for ‘personal reasons’

      May 13, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (459)
    • Stock (6,426)

    Latest News

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
    • Fintech company Chime files for Nasdaq IPO

    Popular News

    • Japan finance minister flags action against excessive foreign exchange movement
    • Goldman Sachs resumes airline stocks: Delta, United, Alaska Air at Buy

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy